PLTR AnalysisPrice consolidated at this area since my last analysis. No changes to my expectations. I'm expecting the price to react to this bullish POI and target the highs at 8.61.
PTX trade ideas
Buy & Hold PalantirNYSE:PLTR
*This is a long term investment idea*
It's not a bad idea to start buying (& holding) Palantir down here.
With all the geopolitical tension in the world at the moment, the demand for their services should keep growing for the foreseeable future.
They have a stable stream of revenue from government contracts, along with a growing commercial business that should bolster their revenues.
Hence, their ever growing quarterly revenue numbers. (Screenshot below)
Technically speaking; momentum has been building bullish divergence for quite some time now.
At the moment, price is within the bottom range of the arcs, and has exited the yellow pitchfork without reaching it's median line. (Hagopian Gap)
I'm thinking that price should start climbing soon.
In the long term, I think price will eventually get back to the all time highs at $45.
Over the next few years, I'm thinking that a retracement to the 0.50 or 0.618 Fibonacci levels is likely. ($25 - $30)
I'm adding some PLTR to my retirement account this week.
I also plan to purchase some LEAPS in my trading account in three stages.
Positive Momentum Breakout
Weekly close above "Long-Confirmation A"
Weekly close above "Long-Confirmation B"
Fat_Fat
Pltr (palantir) Basic rule in investing ( every lower low gives /makes higher high )
Now we are below 10$ which is the low of the stock .
Stock have been demonstrating in AI and the government contracts are massive .
Not only that the stock have a cash can make it survive and upgrade during rescission .
I think DCA is great but this stock is for long term 5-10 years .
GOOD LUCK
PLTR AnalysisPrice playing out as analyzed last week. Price is currently mitigating this bullish POI. My expectations are unchanged. The potential target for this reaction is to take out the equal highs at 8.61.
PLTR:. Bullish divergence and hidden divergenceNoticing some bullish signs and respecting support and resistance... Looks like upward movement for earnings.
Afterwards of course is uncertain. There is good reason to be optimistic about earnings in any other state of our economy. That said, should the price movement remain bullish I imagine my conviction will go unchanged.
PLTR AnalysisPrice played out as analyzed last week. My expectations are unchanged as I expect the price to bounce off this bullish POI at 7.92 with the potential target of the equal highs at 8.61.
Palantir Potential Pitchfork PlayIn this update we review the recent price action in Palantir and identify the next high probability trading opportunity and price objectives to target
$PLTR | Overbought & DivergenceWith PLTR we see several items that could be a signal for a potential reversal finally. We see a broken upper Bollinger Band multiple times as well as bearish divergence near this top. Also a gap back down below short term support (highlighted by the blue line). Even though I have the next spot for support marked, we could be looking at a "SOFT" landing around $7.94 area due to the respect of the 20MA. I previously took out PUT contracts on PLTR around the first break of the Bollinger Band so this is definite relief.
#PLTR long ideaHello dear Traders,
Here is my idea for #PLTR
Price closed above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
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PLTR AnalysisPrice did not play out as per my last analysis. Price has broken the market structure to the upside. From here, I'm expecting a bearish retracement into the bullish POI at 7.92 if price wants to continue higher.
PLTR: Broke out of year and half long trendZooming out is the best way to get an idea of general a stocks direction. On the day of the 700+ million dollar contract with the US army, volume spiked, which gave momentum to push past a year and a half long resistance. Given this, it looks as though we MAY see a trend reversal (idk I'm not a pro - I've only been analyzing stock patterns for 3 years on and off for fun). The earnings this coming quarter may be another catalyst for more upward movement.
We're looking at break out from a very large falling wedge. We also have one confirmed retest on top of resistance.
Mid-long term price target according to the distance between support and resistance is 25-30
*Not trading advice. Just sharing what I see.
Palantir Inc Fractal Analysis Observing behavior of the market when price is around the parallel line from top.
Pullback volativility inside white channel = +70%
Key historic volatilities of fractal config: Visualized
PALANTIR - Short RallyEverything is showing signs of short rally today. Palantir is definitely one to do some scalping today.
PLTRPalantir has mad a nice w pattern. I am hoping for it too come up and fill the gap then will be looking to enter on the retest of previous resistance.
PLTR AnalysisPrice played out well as analyzed last week. Price has taken the lows at 7.17 and closed strongly above the opening price on the last trading day. Right now, I'm still expecting price to go lower, continuing the higher timeframe downtrend.
PLTR: Long entry with low riskLooking like a contracting leading diagonal wave 1 followed by a deep wave 2. We have a bullish divergence on RSI on daily time frame. The Friday's low will most likely be tested next week. I will be looking for a long entry in the box area if price comes down there. Stop loss will be pretty tight, below the May low. Take profit areas will be determined after the uptrend takes hold. First area will be at the previous top 11.55 area. General market is very bearish, so we will see if this works out. Still a fan of this stock. Not financial advice.
$PLTR So much volume here - We may see higher prices$PLTR is looking very bullish at least in the short term. There is a bullish reversal candle confirmed in the daily chart.
PLTR AnalysisPrice reacted to the bearish POI at 8.00 as expected last week. However, the down move was not sustained. My expectations is still unchanged, expecting price to go lower after mitigating the bearish POI at 8.00.
PLTR AnalysisI was expecting price to continue lower to $7 psychological round number. Price went up instead. From here, I'm expecting price to mitigate the bearish POI at 8.00 and potentially continue on the downtrend.
Probably Bottomed...Looks like a pretty clean count if I don't say so myself - can it squeeze another low? yes but it's not likely imo - probably a multi year long if the bottom is in - new highs should come sooner than people think if so.
PLTR AnalysisNo changes from my last analysis. Price played well as analyzed last week. Price took sell-side liquidity and broken market structure to the downside. I'm expecting price to continue down until we see a change in momentum to the upside.
$PLTR- Bullish CipherOn the zoomed out frame, we have a bullish Shark formed and confirmed. On the zoomed in we have a cipher confirming hourly as well.
PLTR - Looking To Buy But Not YetPLTR is in a choppy corrective ascending channel here and it will probably fall out to the downside at some point.
Reasonable probability assuming the channel has topped that it will get back to the log 0.618 which is $7.73 at which point I will like to buy.
There is a fair amount of weekly divergence coming in and I think a big bounce is due.
Worth noting that it didnt quite make it to the 1.618 extension at $6.07 so I will save some allocation in case it does get there which would be a very good buy I think.
